A $350.7 million tax benefit artificially inflated Toll’s bottom line in the fourth quarter. However, even after taking that away, the Horsham, Penn.–based builder’s quarterly profit was still an impressive $60.7 million, four times greater than the same quarter in 2011. Toll’s deliveries and sales numbers also told a story of success for both its fourth quarter and its fiscal year, which ended Oct. 31.

BUILDER Online provides home builders with home building news, home plans, home design ideas, and building product information, helping them manage their home building operations efficiently and profitably.